CIBN urges banks to deploy fresh capital to MSMEs as Nigeria targets $1 trillion economy

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CIBN urges banks to deploy fresh capital to MSMEs as Nigeria targets $1 trillion economy

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The Chartered Institute of Bankers of Nigeria urged banks to infuse fresh capital into Micro, Small and Medium Enterprises (MSMEs) to support Nigeria's goal of growing its economy to a $1 trillion mark.

“It can be widely accepted, and there is empirical evidence to support the fact that an economy cannot grow to a $1 trillion mark without the support of the financial services sector,” Mr Alabi said. The post CIBN urges banks to deploy fresh capital to MSMEs as Nigeria targets $1 trillion economy appeared first on Premium Times Nigeria.

World Politics Markets Deals Nigeria economy MSMEs bank capital CIBN economic growth target

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